More attentive to the debut of stellantis (+7,57%) that the current Italian political crisis, Business Square it closed up by 0,53% at 22.498 points, while on the secondary it was spread with the German 116-year bond it remains stable at 0,15 basis points (+0,60%) and the BTP rate stops at XNUMX%.
Milan it is the best place, in a cautious European context, devoid of the indications of Wall Street, which today celebrates Martin Luther King day. Frankfurt 0,42% salt; Madrid + 0,26%. Paris +0,1% is weighted by the thud of Carrefour (-6,9%), after the Canadian group Couche-Tard has withdrew the offer to buy the supermarkets due to the explicit opposition of the French government. Canadians would also be ready to raise, he writes Reuters quoting the CEO, Brian Hannasch, but “if we receive signals that the environment may change or if the approach of the French government or other key stakeholders changes”.
Slightly declining London -0,2%.
On the currency market theeuro-dollar is stable at 1,2. The greenback confirms its recovery against the main currencies pending the swearing-in of President-elect Joe Biden. According to the 'Wall Street Journal', Janet Yellen, former head of the Fed and new head of the Treasury, should clarify that the United States is not aiming for a depreciation of the US currency, after years in which Donald Trump has publicly criticized the strength of the currency American.
They are little moved raw material. The March 2021 Brent future trades at 54,92 dollars a barrel (-0,3%); the gold contract, February 2021 is instead up (+0,4%) to 1837,25 dollars an ounce.
In the macroeconomic context, China stands out for a 6,5% increase in GDP in the fourth quarter of 2020, against +6,1% expected by analysts and +4,9% recorded in the previous three months. Good news that raises European morale up to a certain point, in light of the problems induced by the pandemic, by the still nagging infections on the continent and by the consequent containment measures that impact on the economy. The delay in the deliveries of Pfizer's vaccines also weighs, although the delay will be recovered "at the end of the first quarter", argues the French Industry Minister Agnes Pannier-Runacher, who however remains "vigilant".
Meanwhile, while President Giuseppe Conte is looking for "builders" today in the Chamber and tomorrow in the Senate so as not to bring down the government, despite the tearing of Italia Viva, in Piazza Affari it is stellantis, the company born from the merger of FCA and PSA, which immediately took off in fourth place in Milan, bringing the value per share to 13,522 euros. The shareholder Exor moved in tow, closing with a jump of 2,64%, thanks also to the promotion of Kepler Cheuvreux, which raised the target price to 76 from 70 euros.
In luxury well Moncler, +2,28%, which looks optimistically at the Chinese polar star, but also takes advantage of the fact that Deutsche Bank has raised the target price on the queen of duvets to 50 euros. Fashion is also abuzz with rumors of a combination between industry bigwigs Kering and Richemont.
In pharmaceuticals, it stands out Diasorin + 2,21%.
Banks are positive and headed by Bfor, + 2,21%. Mount Paschi it appreciates by 0,65%, after responding to Consob's requests, making the 2021-2025 Strategic Plan document available. In particular, the balance sheet dynamics assumes a strengthening of the capital necessary to bear the restructuring costs and to restore the bank's solidity through the injection of new funds for an amount between 2 and 2,5 billion euros which will be defined at the within the Capital Plan which will be prepared in January 2021.
At the bottom of the list it stops Enel, -3,09% which, like Snam (-2,54%), suffered due to the interim dividend for 2021. Enel in fact detached a coupon of 0,175 euro (1,97% the yield calculated on the closing price on Friday 15 January), while Snam recorded a detachment from €0,0998 (1,9% yield on previous closing).
Still discounts for Telecom -1,85%.
In the football sector, they also lose on the stock market Rome (-2,35%) And Juventus (-1,32%) after the defeats on the last day of the championship respectively with Lazio (+2,74%) and with Inter.